Short Term Rental

Madisonville, KY Short Term Rental Properties for Sale

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3-Unit Triplex for Short-Term Rentals
Updated: Jun 22
3-Unit Triplex for Short-Term Rentals

118 S Franklin, Madisonville, KY 42431

$255,900
2,946 sqft 0.29 AC lot
3 established rental units operating as Airbnb properties: Unit 1 (2 bed, 2 bath), Unit 2 (1 bed, 1 bath, office), Unit 3 (2 bed, 1 bath)
0.29‑acre deep fenced lot with a storage building and outbuildings
2,946 SF, 2‑story brick triplex built in 1924 with a composition roof
New roof and gutters in 2025
All three HVAC units approximately 5 years old
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118 S Franklin, Madisonville, KY 42431

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Historic Event & Short-Term Rental Property
Updated: Jul 27
Historic Event & Short-Term Rental Property

231 S Main Street, Madisonville, KY 42431

$625,000
4,534 sqft 0.72 AC lot
Built in 1909, fully operational short‑term rental and event venue in downtown Madisonville
11 bedrooms, each with a private bath, plus in‑room microwaves and mini‑refrigerators
Recent upgrades include new roof, updated HVAC systems, and new plumbing & electrical
ADA accessibility improvements plus a complete third‑floor apartment for an owner or manager
Sold fully furnished, including antique furniture, linens, and kitchenware
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Short-Term Rental Property Portfolio
Short-Term Rental Property Portfolio

219 E Broadway St, Madisonville, KY 42431

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Packaged sale includes 18 furnished short-term rental properties under an established corporate rental operation.

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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Madisonville, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Waterfront Rental Lodge Property
Waterfront Rental Lodge Property

400 Jeff Clements, Marion, KY 42064

$559,000
2,000 sqft 40.00 AC lot

Turn-key lodge and second home on approximately 40 private acres with a stocked pond, dock with power, and electric garage.

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Triplex with Central Air and Electric Heat
Triplex with Central Air and Electric Heat

2103 S Virginia Street, Hopkinsville, KY 42240

$295,000
2,931 sqft 0.76 AC lot

Historic triplex with three units, central air, electric heat, and public sewer service on a 0.763-acre lot.

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Triplex Property with Central Air
Triplex Property with Central Air

2103 S Virginia Street, Hopkinsville, KY 42240

$295,000
2,931 sqft 0.76 AC lot

Triplex configured as two one-bedroom units and one two-bedroom unit with central air and electric heat.

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Turn-Key Short-Term Rental Retreat
Turn-Key Short-Term Rental Retreat

400 Jeff Clements Road, Marion, KY 42064

Contact for pricing
3,500 sqft

Two furnished homes and a stocked pond support immediate short-term rental operations.

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Madisonville, KY Short Term Rental Properties Market Trends and Statistics

Explore 3 short term rental properties for sale in Madisonville, KY, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 7,480 square feet of properties for sale, with an estimated market value of $880,900.

Sale prices for short term rental properties in Madisonville, KY start at $255,900, averaging $440,450, and reaching up to $625,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Short term rental properties 3
Duplexes 2
Triplexes 1

Demographics Overview

Population 27K
Population Growth (5Y) +4.0%
Median Household Income $57,529
College Educated 28.7%

High-Yield Neighborhoods for Investment

Identify Madisonville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
42431 $440.5K

Taxes & Financing

Tax Rate (average for all types) 1.01%
Property Tax per SF $16.28 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Hopkins County

New Delisted

Total CRE Inventory on Market (SF)

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